IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence. Quality Metrics Defining the Future of Manufacturing.

Metrics 60

Metrics Quality Manufacturing Journal 60

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. There are no restrictions; just register, answer the online questionnaire and documentation, share results, and improve! The assessment methodology covers 21 CSR/sustainability criteria across four themes: environment, labour/social, ethics, and sustainable supply (relating to sourcing practices).

Metrics 59

Metrics Sustainability Benchmarking Procurement 59

Supply Chain Game Changer

NOVEMBER 20, 2018

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. There are a myriad of processes, controls, conditions and situations that need to be managed to ensure that your products are sourced consistent with your expectations.

Sourcing 52

Sourcing Government Resources Metrics 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Rather then selecting a plethora of meaningless metrics, it is always better to focus on a critical few, and select them wisely. Step 2 – Develop Metrics and Data Sources.

Metrics 91

Metrics Strategy Supply Chain Benchmarking 91

Talking Logistics

MARCH 2, 2016

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. Here are some recommendations: Identify and document the root causes of poor supply chain visibility. no metrics, operate in functional silos). Define and document Supply Chain Mapping business processes.

North Korea 144

North Korea Third Party Logistics China Australia 144

Talking Logistics

MAY 8, 2013

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics). The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor.

Bangladesh 212

Bangladesh California Supply Chain Belarus 212

Logility

NOVEMBER 30, 2020

Materials and components are sourced from even more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics.

Supply Chain 198

Supply Chain Comparison Metrics Benchmarking 198

ivalua

NOVEMBER 25, 2020

To stay relevant, Gartner suggests documenting all the ways procurement projects align with business priorities during recovery and beyond. This list should include the business metrics that each procurement project impacts.

Procurement 130

Procurement Metrics Report Exercises 130

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. In particular, there is a noticeable gap between procurement executives’ explicit intentions of driving value for the business, and documented results as they pertain to improved engagement with internal business groups, ability to drive innovative analytical tools, and the resulting gap in alignment with business strategy. 12 at 2 PM, based on a study I have been working on with some folks at IBM.

Analytics 65

Analytics Innovation Procurement Data 65

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations. Each team will develop a written contract with selected partner(s) that documents the agreement resulting from the negotiation process.

SCM 65

SCM Aerospace Exercises Metrics 65

ToolsGroup

SEPTEMBER 22, 2020

Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence. as part of a larger research document and should be evaluated in the context of the entire document. Other sources: 1 [link].

Beverage 156

Beverage Supply Chain Planning Forecasting Data 156

Supply Chain View from the Field

OCTOBER 3, 2013

In sourcing, data must be tracked over the entire life of a supplier. Then the evaluation of the supplier must be documented, and linked presumably to a category strategy (although not in all cases…). And an active supplier will also start sending you things – but are they doing it on time, and what are the metrics with the delivery of the contracted product or service.

Analytics 60

Analytics Data Currency Metrics 60

OneSCM

JULY 24, 2019

Opening up the relationship and sharing information and metrics across all critical departments gives trading partners insight and allows them to understand where they can best improve the quality of their products and services. Can you see and manage your entire global supply network from one single source? We call it a single source of “data truth.” The successful music orchestra is a myriad of ensemble instruments working together to create beautiful music.

Supply Chain 177

Supply Chain Guidelines Data Metrics 177

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. The focus is on functional metrics, but are unable to get to overall supply chain metrics. Pictures, images, text, email, sentiment, contracts, documents are all areas of opportunity. However, to use these data sources, we must break paradigms and focus on the use of non-relational techniques. We finished dinner.

Data 266

Data Chemicals Metrics Case Study 266

Cerasis

MARCH 23, 2016

All activities are documented by a team recorder. It typically describes how a process should consistently be executed and documents current ‘best practices.’ These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Specific metrics: process metrics and outcome metrics.

Lean 182

Lean Sustainability Manufacturing How To 182

Cerasis

APRIL 12, 2017

It needs to have a fail-safe to prevent vendors from selecting incorrect shipping methods and provide a source of cross-checking between shipment selection. A defined set of rules should serve as the “checkpoint” in this part of the document, ranging from marking and labeling to back-order processing. This allows you to require vendors to sign in and acknowledge having read the document before using it.

Security 139

Security Freight Distribution Packaging 139

Material Handling and Logistics

DECEMBER 2, 2018

Source ID. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. We salute the year’s top advancements in supply chain technology and processes.

Innovation 130

Innovation North Carolina San Francisco Military 130

Talking Logistics

APRIL 20, 2016

How do you successfully align goals, metrics, and resources across functional groups? The answer is well documented and proven: you need a strategic planning and management system, such as the balanced scorecard , that aligns “business activities to the vision and strategy of the organization, improves internal and external communications, and monitors organization performance against strategic goals.”. Which metrics are the right ones?

North Carolina 109

North Carolina Metrics Washington Supply Chain 109

Bristlecone

AUGUST 17, 2020

Given the realities of the post-pandemic world, the pressure is mounting to redesign the supply chain, define new practices and operational metrics, and cope with the competition from new channels of doing business or doing business with. Is this multi-sourcing?

Real Estate 60

Real Estate SCM Sourcing Metrics 60

Unleashed

FEBRUARY 17, 2019

Manufacturers typically perform planning, sourcing (finding suppliers), making (manufacturing), delivering and returns. There are many supply chain performance measurement metrics to help do this, however, commonly used is the Perfect Order Index. This is a measure of an order that is delivered on time, complete, damage-free and with correct documentation. Whichever metrics a business uses, note it must be in synergy with the overall business strategy.

Metrics 59

Metrics Manufacturing Strategy Supply Chain Performance 59

NC State SCRC

JANUARY 18, 2018

Duke Energy Sourcing Automation through AI: Sourcing Optimization through technology and artificial intelligence are becoming more readily available within the Supply Chain industry. This team will work to identify specific opportunities within the sourcing process at Duke Energy to advance sourcing strategies through AI technology and reduce low value sourcing efforts. MUFG Union Bank Strategic Performance Metrics.

North Carolina 40

North Carolina Metrics Sourcing Procurement 40

OneSCM

FEBRUARY 5, 2016

For sales and operations staff alike, the inability to access current orders, inventory and production information is often a significant source of frustration and waste. For example: how much would more timely document submissions and responses (PO/POACK, ASN, Invoice, etc.) It becomes more difficult to build a partnership with suppliers because the relationship is based on a narrowed scope of performance metrics.

Procurement 217

Procurement Metrics Supply Chain Quality 217

Provenance

SEPTEMBER 9, 2019

“66% of consumers are willing to pay more for sustainable products but most organizations don’t know the farmers they source from, let alone their impact.” – Kahlil Baker, CEO and Founder, Farm-Trace. It’s a big, wide world out there – and there’s a lot to document and verify. . For producers, these metrics provide them with farm management analytics to make smart decisions about farm interventions, aiding productivity and creating reporting efficiencies.

Sustainability 63

Sustainability Honduras Nicaragua Food 63

Oracle SCM

MAY 22, 2018

With such an approach, companies are working in a sub-optimal manner, and then start to face these types of challenges: - Quality metrics are either not available or are incomplete. - Inability to view real-time metrics. In Manufacturing, the focus is on preventive actions, non-conformance reports, part inspections and as well documents control. In Supplier Relationship Management, it is all about supplier corrective actions as well as document control and supplier parts.

Quality 65

Quality Metrics Analysis SCM 65

Supply Chain Shaman

JUNE 18, 2015

In supply chain strategy documents, terms like alignment, agility, responsiveness, and flexibility dot the page. Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. Based on our research at Supply Chain Insights , today, 34% of supply chain organizations have source, make and deliver reporting through a common organization. How can we move forward if we cannot align?

Philadelphia 242

Philadelphia Research Supply Chain Training 242

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Embracing sustainability as a goal and metric that you scorecard suppliers on is a good place to start to get ready for this trend that will become a staple in how successful companies do business. Burton predicts that China and Brazil will become hubs for global sourcing.

Procurement 109

Procurement Brazil Currency United States 109

Supply Chain Game Changer

JANUARY 9, 2019

Further analyzing that spend can help you determine opportunities for implementing cost savings practices like supplier consolidation, strategic sourcing , and standardization. Spend analysis can be conducted using a variety of tools, from deploying the most cutting-edge source-to-pay software to using PivotTables in Microsoft Excel spreadsheets. If we buy a customized product from a single source how will you know if the price is fair? Which are the key Procurement metrics?

Procurement 66

Procurement Metrics Sourcing Comparison 66

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made).

Sustainability 52

Sustainability Procurement Metrics How To 52

Logility

MAY 7, 2020

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Attainable Benefits: The benefits from the use of Big Data are numerous and well documented. Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts.

Supply Chain Planning 133

Supply Chain Planning Data Maryland Big Data 133

Logility

APRIL 3, 2018

Materials and components are sourced from ever-more remote locations and finished products are being sold into expanding regions and channels. Start with documenting the “As-Is” process capabilities and corresponding key performance metrics. Envision the “To-Be” process capabilities and desired performance metrics through benchmarking, group brain storming sessions, and alignment to business strategy and direction.

Supply Chain Planning 100

Supply Chain Planning Comparison Metrics Benchmarking 100

Abivin

MARCH 28, 2019

Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. Source In logistics, transporting goods from one place to another has been a major cause of carbon footprint and environmental pollution, even though other activates of logistics also have a considerable impact on environment.

Guidelines 63

Guidelines Sustainability Warehousing Transportation 63

Kinaxis

NOVEMBER 24, 2016

Adding automated integration of data from multiple sources, sites, regions and countries allows planners to accelerate decision making without having to wait. Having a supply chain management software solution that can accomplish this means one that can bring all supply chain data elements from any source into a single place for convenient, easy, instant access. It has to be integrated seamlessly from all sources.

Supply Chain 187

Supply Chain Analysis Data Analytics 187

LeanCor

SEPTEMBER 16, 2014

We start with customer demand and consider overall value when sourcing carriers, instead of transportation rates alone. Any waste that exists needs to be documented, and problem solving needs to happen around the waste. In addition, they need to commit to create daily route designs, complete real-time track and trace, generate real-time metrics, and complete daily problem solving.

Lean 186

Lean Transportation Management System Transportation 186

Cerasis

FEBRUARY 13, 2015

One mistake companies often make is focusing on the lowest purchase price per item instead of considering the total landed cost of sourcing from offshore suppliers. Use key metrics and a scorecard system to understand if product is flowing as planned. Once you’ve chosen that partner, document all of your requirements regarding order volumes, product specifications, and operational details in the contract.

Supply Chain 245

Supply Chain Manufacturing Quality Research 245

Kinaxis

SEPTEMBER 6, 2016

According to sources, Stevedores are demanding advance payment in cash. How long will you be able to recover your supply through alternate sources or from the impacted supplier? However, by having well-documented contingency processes, it will likely help you recover faster than your competition when impacted by a disaster. Monitoring such metrics is important and a supply chain control tower can be a key component of that strategy.

Tennessee 127

Tennessee Shipping Supply Chain Risk Management Risk Management 127